Internal Auditor / QC Head (ISO)
Shrinivas Sugandhalaya LLP
Total years of experience :14 years, 1 Months
Work Profile:
• Prepare effective auditing plans.
• Organize and implement internal audits.
• Assisting external auditors for efficient audit designs.
• Identify any gaps in controls and make practical recommendations.
• Involved in financial reporting, risk management, compliance & integrations.
• Generating ideas to maximize assignment profitability.
• Knowledgeable professional carrying out effectiveness of the policies and procedures.
• Thorough knowledge of principles of accounting and financial transaction.
• Experienced in plan, test and sampling methods of auditing.
• Expertise in gathering, analyzing and evaluating the reports.
• Excellent knowledge of auditing techniques.
• Responsible for giving advice to the management through recommendation in their audit discussions.
Work Profile:
• Understand the various profit centres identified by the hotel, such as coffee shop, conference halls, banquets, outside catering, restaurant and so on.
• Evaluate the internal control procedures of the hotel with particular reference to a) Purchase of edibles, stores and kitchen, b) consumables such as soaps, shampoos, guest toiletries, c) occupancy of rooms of the hotel, and so on.
• Carry out audit of profit centers independently and confirm the profit or loss at each profit centre — coffee shop, restaurant, or bar.
• Examine the internal control procedures for taking orders, serving food and collection of bills.
• Check the internal control systems for recording the sales.
• Checking the internal control procedures for registration of guests, recording of checking in time, checking out time, number of persons, adults, children, and so on.
• Study the internal control for serving food to the guests inside the rooms.
• Evaluate procedures of the hotel for collection through credit cards.
• Vouch expenditure and income related to guestrooms.
• Evaluate the internal control systems for booking of conference hall. Examine the authority for allowing of discounts and concessions for booking of conference hall.
• Examine the procedure for refund of booking charges and ensure that a competent person authorizes the refund.
• Hotels organize food festivals; examine such festivals from cost point of view.
• Assets of the hotel, such as kitchen equipment, air-conditioning plants, sound systems, cutlery and crockery, linen, and so on. Section 227 (4) (A) requires the auditor to state whether there is a system of periodic verification of fixed assets and the treatment of material deviations observed during the course of such verifications.
Work Profile:
• Single handedly managed Internal Audit of various private limited companies.
• Perform Audit Planning, Scheduling, Data Collection and Implementation.
• Report the audit findings, any serious weakness found in the internal control system/process compliance and make recommendations to the Executive Director and the Board of Directors.
• Conducting timely internal audits to access the system adherence in the organization.
• Organizing the report in an outline format to provide visual clarity and an obvious progression of statements
• Organize reports that meet professional standards, elicit management action, and communicate crucial messages to executives and board-level readers.
• Review and assess the effectives of internal controls through various internal control reports and recommend measures to plug such gaps/exposures
• Independently carried out tax audits and company law compliance of widely held Private companies and large partnerships.
• Prepared Tax Audit Reports as per the requirement u/s 44AB i.e. 3CA, 3CB, 3CD.
• Knowledge of filing Income tax, Service tax, TDS, VAT, ROC returns for our valuable client
• Handled Scrutiny Cases and Attended hearings with Income Tax Officers and Commissioners.
Work Profile:
• Responsible for efficient & effective handling of returns for U.S. bases clients
Responsible for handling the taxation team of the H.O.& meeting the targets of the Month
• Understanding client’s source documents and preparing returns according to client’s special instruction
• Giving on-job training to all the subordinates
• Reviewing and releasing the return of U.S. client’s.
• Preparing review notes on the critical point for overseas clients
• Efficiently making entries in input forms and reviewing output forms
• Making draft returns for CCH clients
Completed C.A. Intermediate Exams in the FY of 2006